255 E Main St - Medical FOR SALE


Hendersonville, TN 37075
$4,087,095 USD
805-889-7837
255 E Main St, Hendersonville, TN for Sale
$4,087,095 USD
Medical - FOR SALE
1/7
null | 5.75% Cap Rate

255 E Main St
Hendersonville, TN 37075


HIGHLIGHTS

  • The surrounding trade area continues to experience meaningful residential expansion, with five-mile population.
  • The property benefits from proximity to Hendersonville’s primary retail corridors, including Costco, Target, Kroger, Kohl’s, Staples, Petco.
  • The surrounding commercial district combines grocery, pharmacy, fitness, restaurants, retail, and medical providers.
  • City officials note that Hendersonville has relatively little remaining commercially zoned land available for development.
  • The City of Hendersonville has more than $1 billion in approved development, including continued retail, office, residential.
  • Fast Pace Health operates one of the nation’s leading rural and suburban urgent care platforms.

OVERVIEW

AiCRE Partners is pleased to present the opportunity to acquire the fee simple interest of the Fast Pace Health urgent care facility located at 255 East Main Street in Hendersonville (Nashville MSA), TN. This asset is backed by a corporate-guaranteed, absolute NNN (Modified) lease with approximately 14 years of initial term remaining, ensuring zero landlord responsibilities and stable income. The lease includes 2% rental increases annually and three five-year renewal options, providing long-term growth potential. Fast Pace Health, a leading provider with over 295 clinics across six states, serves as an essential healthcare operator focused on underserved rural and suburban markets. Positioned along East Main Street in the heart of Hendersonville’s established retail corridor, this 3,600 SF building offers investors a passive, inflation-protected income stream supported by one of the fastest-growing brands in urgent care, in a market with limited competition and solid economic drivers.

FOR SALE DETAILS

PRICE

$4,087,095 USD

PRICE/SF

$1,135 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fast Pace Health Urgent Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

OPS

APN/PARCEL ID

159J-A-018.00

ASK ABOUT THIS PROPERTY

Kaveh EbrahimiAiCRE PartnersMore Info
805-889-7837

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Kaveh EbrahimiAiCRE PartnersMore Info
805-889-7837

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.